Conduit reports turnaround of fortunes

Directory and call centre firm Conduit has achieved a significant turnaround in its business during the last year, it said today…

Directory and call centre firm Conduit has achieved a significant turnaround in its business during the last year, it said today.

The company’s latest financial results, for the year ended March 31st 2005, indicate a return to profitability, with strong profit and revenue growth expected in the coming year, according to a statement.

Conduit recorded pretax profits of €1.5 million in the year to the end of March, compared with a loss of €31.2 million in the previous year. The company employs 1,400 workers, 500 of them in Ireland.